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Statutory Authorities and State Enterprises

BOU officials grilled over hiring external lawyers to battle court cases

BOU officials grilled over hiring external lawyers to battle court cases

The Bank of Uganda officials led by the deputy governor bank of Uganda Louis Kasekende were grilled before the parliamentary committee on commissions, statutory Authorities and state enterprises over hiring external lawyers to battle court cases which are against central bank. The committee chaired by the MP for Bugweri county Abdul Katuntu had summoned the […]

MPs demand status reports of defunct banks

MPs demand status reports of defunct banks

Members of Parliament sitting on the Committee Commissions, Statutory Authorities and State Enterprises have demanded liquidation and non-performing assets status reports of the defunct banks. The five defunct banks include Cooperative bank, Green land bank, International credit bank, Global trust bank and National bank of commerce. The committee chaired by Abdul Katuntu noted that although […]

MPs query Bank of Uganda’s 50 year’s anniversary celebration expenditures

MPs query Bank of Uganda’s 50 year’s anniversary celebration expenditures

The Parliamentary Committee on Commissions, Statutory Authorities and State Enterprises queried the expenditure of Bank of Uganda during this year’s 50 years celebrations. MPs while interfacing with the Bank of Uganda officials led by the Governor, Emmanuel Tumusiime Mutebire, said during the procurement of items and services for Bank of Uganda celebrations of 50 years there procurements […]

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